Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW, Darksend and InstantX

fear of the walking wall on crypsty. c'mon hit harder guys Cheesy

i think people are afraid to dump into otoh's walls for fear that if that buy wall is eaten...dumping hell will break loose and all the btc put into the drk bull run will be ruined. thankfully most people trading seem to have this understanding...thus, they don't violate his buy walls.

lol, if the walls started to be heavily dumped in to then I would just put them back up again, they are like icebergs, there's plenty of backup funds off exchanges if needed, so don't be shy Wink

Otoh you've stated now what I was thinking you would do if dumps will occur into you e-walls. I'd do the same if I had that possibility.

The wall's reserves which can be called on if necessary, lets say > 80,000 DRK's worth of bids for starters Tongue

Quote from: mpr20rt on March 03, 2015, 08:47:58 AM

Quote from: Otoh on March 03, 2015, 01:56:17 AM

Quote from: dreamspark on March 03, 2015, 01:25:55 AM

Quote from: Otoh on March 03, 2015, 12:32:06 AM

Otoh Walls PSA

143 BTC on Cryptsy @ 0.012222 = 11,700 DRK

http://dc-charts.com/depth_drk.php?ex=2&cu=0&sw=1&tz=5&dl=2&js=1&sc=0&ar=0&re=0

244.44 BTC on BFX @ 0.012222 = 20,000 DRK

http://dc-charts.com/depth_drk.php?ex=9&cu=0&sw=2&tz=5&ar=0&dl=2&js=1&sc=0&ba=2&re=1

The dollars on BFX I'm presently using to trade BTCUSD with, so this wall is now an invisible one in that I will support the price still at $3 if needs be, but I don't think that an actual wall is needed there atm.

http://dc-charts.com/depth_drk.php?ex=9&cu=1

While I respect your support for your chosen coin the idea of having ~400btc on an exchange scares the living shite out of me. Particulary Craptsy. Fair enough and if your willing to take that risk Im sure you have many more coins but trusting 100k to some random guys, jheeze not for me.

Yes, you have a very good point, after nearly loosing 100 BTC worth of CYN on BTer recently & quite a bit on MintPal this has been much on my mind, I may well move towards just keeping a wall up on BFX and letting the markets arbitrage out any swings on other exchanges.

That is excellent idea.. IMHO Bitfinex is a solid exchange but doesn't get any significant volume.. Keeping a wall there will force speculators to sign up. Increased volume will force "other" exchanges (BTC-e *wink*) to consider adding DRK more seriously. I never understood why after MintPal fiasco volume migrated to crapsy instead of finex..

We need approx $100,000 transaction volume per day to get most Exchanges interested, we're now doing that consistently recently and lately even two to three times that, the Exchanges will be taking note.

This is also the daily volume level that gets payment processors interested.

http://coinmarketcap.com/currencies/views/filter-non-mineable-and-premined